Tagged: supply chains

Italian Bank Unicredit to Provide Discounting Tool Developed by Fintech Firm FinDynamic to Venchi, a Local Chocolate and Ice Cream Company

Italian bank Unicredit is providing a discounting solution to Venchi, a local chocolate and ice cream company. The discounting tool has been developed by FinDynamic, an Italian Fintech firm. It allows firms that are UniCredit clients to optimize how they use their working capital while… Read More

Informatics Platform Validere Secures $15 Million in Funding to Enhance Supply Chain Efficiencies in Energy Sector

Approximately $40 trillion of physical oil and gas is traded in global markets each year and anywhere between 3 to 5% of that value evaporates, because of opaque and fragmented product quality information. Validere, a developer of an informatics platform that allows energy firms to… Read More

IBM’s Indonesia Division Confirms that Country’s Directorate General of Customs and Excise is Using Tech Giant’s DLT-enabled Shipping Software, TradeLens

New York-headquartered tech giant IBM’s Indonesia division has confirmed that the nation’s Directorate General of Customs and Excise has begun using the blockchain or distributed ledger technology (DLT)-enabled shipping platform, called TradeLens. This news has come after months of platform development, with the country’s Customs… Read More

Blockchain-based Supply Chain and Trade Finance Firm, Envoy Group, Acquires $13 Million in Funding

Blockchain-enabled supply chain and trade finance firm Envoy Group is reportedly planning to expand its operations beyond Latin America. This, after recently acquiring $13 million in funding from Alcedo Digital Ventures. Developed on R3’s Corda platform, Envoy aims to enhance the existing $17 trillion annual… Read More

IBM and Farmer Connect Introduce Blockchain-based App that lets Users Learn About Coffee Beans they’ve Purchased

New York-based tech giant IBM and Farmer Connect, an organization focused on enhancing transparency and sustainability in agriculture supply chains, introduced a blockchain-powered application at the Consumer Electronic Show (held in Las Vegas, Nevada on January 6, 2020) that lets users learn more about the… Read More

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